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Description

New construction development investment opportunity available. Located in Wilmington's Mid-Town area, construction has begun on fifteen (15) new contemporary style Townhomes. Each two-story townhome will consist of 1,501 square feet of comfortable living space with a 473 square foot two-car garage. Each Townhome will have 3 bedrooms, with one being a master suite. The master suite has vaulted ceilings, spa influenced bath and a walk-out master balcony. The other two bedrooms are of a comfortable size with plenty of natural light, ceiling fans, and large-scale sized closets. There will be a master bath, a nicely laid out Hallway full bath and a downstairs powder room. There is full size Landry area and plenty of storage through out the second floor. The main ground living area's focus is that of a large open living space.. The natural light flows through the large living room that transition to the dining and vibrant kitchen area. Off the Living Room you can walk out on to either a covered front porch or private trellised patio. All townhomes will come with the builder' s appliance package and custom design. The flooring throughout the home will be a combination of polished concrete, custom tile and engineered wood. You will also find special finish details throughout, such as custom glass doors, wood cabinets, granite counter tops.These homes are located close to the river, downtown, beaches, entertainment venues, museums, art districts, restaurants, shopping and so much more. This project is ideal to utilize as a residential rental income investment. With the ever growing need for housing, an investor would see a steady income or could sell this project as individual townhomes. This opportunity is wide open.

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-18T08:56:43.23.
www.remaxessential.com/homes/120841426
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2856 Worth Drive Wilmington, NC 28412

  • Price: $3,973,500
  • Status: Active
  • Updated: 77 min ago
  • MLS #: 100287919
0
Beds
0
Baths
0
½ Baths
1.72
Acres
22,515
SQFT
$176
$/SQFT
2021
Built
Neighborhood:
Belmont
County:
New Hanover
Area:
Wilmington
Property Description
New construction development investment opportunity available. Located in Wilmington's Mid-Town area, construction has begun on fifteen (15) new contemporary style Townhomes. Each two-story townhome will consist of 1,501 square feet of comfortable living space with a 473 square foot two-car garage. Each Townhome will have 3 bedrooms, with one being a master suite. The master suite has vaulted ceilings, spa influenced bath and a walk-out master balcony. The other two bedrooms are of a comfortable size with plenty of natural light, ceiling fans, and large-scale sized closets. There will be a master bath, a nicely laid out Hallway full bath and a downstairs powder room. There is full size Landry area and plenty of storage through out the second floor. The main ground living area's focus is that of a large open living space.. The natural light flows through the large living room that transition to the dining and vibrant kitchen area. Off the Living Room you can walk out on to either a covered front porch or private trellised patio. All townhomes will come with the builder' s appliance package and custom design. The flooring throughout the home will be a combination of polished concrete, custom tile and engineered wood. You will also find special finish details throughout, such as custom glass doors, wood cabinets, granite counter tops.These homes are located close to the river, downtown, beaches, entertainment venues, museums, art districts, restaurants, shopping and so much more. This project is ideal to utilize as a residential rental income investment. With the ever growing need for housing, an investor would see a steady income or could sell this project as individual townhomes. This opportunity is wide open.
Exterior Features

Construction Wood Frame Exterior Finish Vinyl Siding Foundation Slab Location Residential Location Type Mainland Lot Description See OthersWooded Lot Dimensions 253 X 343 Lot Water Features None Number Of Parking Spaces 49 Parking Driveway GarageLightedPavedPrivate Road Type Frontage 2 - 3 LanesPavedPublic (City/Cty/St) Roof Shingle

Interior Features

Attic Access Only Basement None Ceiling Height 9.00 Cooling System Central Flooring ConcreteSee RemarksTileWood Heating System ElectricNatural GasOther-See Remarks Water Heater Electric

Property Features

Airport Less Than 5 Miles Auction No City Limits Yes Cobra Zone No Commercial Features See Remarks Commercial Sub Type OtherUnimproved County Highway Less Than 5 Miles Current Use in Process Electric Provider Duke Progress Energy Federal Flood Ins Avlbl Yes Financial Info No Green Building Features Energy Star ApplLed Lighting Gross Income 396000.00 Hoa Amenities See Remarks Hoa YN No Interstate Less Than 5 Miles Net Operating Income 304275.00 New Construction Yes Port Less Than 5 Miles Possession At ClosingSee Remarks Property Taxes 37725.00 Rail Less Than 5 Miles Real Estate Taxes 37725.00 Sale Lease Includes BuildingsLand Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority State Highway Less Than 5 Miles Stipulation Of Sale None Tax Year 2022 Terms 1031 ExchangeCashConventional Total Annual Expenses 54000.00 Water Provider Cape Fear Public Utility Authority Water Sewer City WaterMunicipal SewerNatural Gas Connected Zoning R-5



Listing information © 2021 NCRMLS
Listing provided courtesy of Jeffrey G Hovis of Intracoastal Realty Corp.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-18T08:56:43.23.
 
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RE/MAX Essential
1650 Military Cutoff Road
Wilmington NC, 28403